Free Payoff Statement Letter Template

Payoff Statement Letter

January 15, 2053


Elvira Freitas
73 Elliott Street,

Manchester, NH 03101

Dear Ms. Freitas,

I trust this letter finds you in good health. The purpose of this statement letter is to furnish you with the necessary information regarding the amount required to fully pay off your existing loan.

After a comprehensive review of your account, we have ascertained that the outstanding balance on your loan is $8,500.

Loan Details:

  • Loan Account Number: 1563284

  • Loan Type: Personal Loan

  • Principal Amount: $8,500.00

  • Interest Rate: 4.75% (Fixed)

  • Loan Term: 36 months

Please ensure that the payment is made by the due date of February 1, 2053, to avoid any additional charges or penalties.

Thank you for your continued patronage.

Sincerely,

Thelma Marion

Customer Service Representative